My views on choosing MinerX or BitHarvest
MinerX versus BitConnect
The article below is an opinion as to But bit harvest started operating in late 2023. A report I read in Tracxn they have not had funding and apparently are above a supermarket in rented accommodation in KL Kuala Lumpur. I feel the challenge for the BitHarvest business is they don't have enough money to go to the big mining farms the way that MinerX will be able to do due to the high liquidity reserves of the founders. In other words, once all the BitHarvest boosters are plugged into their own facility at the current location, where do they go next? The only option then is to go to the big mining plants, and these are operated by very wealthy business people. It is obvious they are not going to take anyone in lightly to plug anything into their devices unless it comes with power, credibility, a lot of money. So this is where MinerX can go in and give them perhaps $10 million Dollars as an upfront payment and even a contract for 1000 days. After 3 years, then MinerX hands over the Booster equipment to that facility. So they have a rental fee for 3 years and then MinerX gives the Boosters to them, so it's cost them nothing to upgrade their hardware. And the mining facilities get a benefit now and a benefit later, after MinerX contracts are finished and and we who are funding it, get our benefit is which is 2.9 times our initial contract. It's win, win, win, win!! The founding partner of MinerX is a billionaire and the company is working on a three year contract with the Bitcoin mining factories. The BitHarvest company is promoting the booster for a five year term, which we don't believe is feasible, because how can you deliver that much of Terra Hash. It’s like expecting the mining farms to give it to you for life. Do you really think the mining farms not going to let you go in and take all their Bitcoin for life. So the MinerX project in my opinion is a lot more realistic. So in terms of the product, the BitHarvest project probably does much the same thing. But you must consider the mechanics behind each company and decide which has the better project. And the arrangement the MinerX has with the Bitcoin mining farms around the world to make us scalable, is a major difference. And there's probably a couple of differences in the compensation plan of MinerX and the BitHarvest project. But other than that, you really have to go where the energy is, where the momentum is and where the excitement is, and it appears that leaders worldwide are now engaging with MinerX! Well that’s my opinion on MinerX versus the BitHarvest project so it’s your choice now which you think is the better option. My personal choice is obviously MinerX.